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"Chesapeake to Replace Chairman"

"HOUSTON -- Aubrey K. McClendon built Chesapeake Energy into the nation’s second-largest producer of natural gas through a combination of debt, foresight, luck and sheer bravado. Now both he and the company have been forced to add humility to the mix."

Source: NY Times, 05/02/2012

"Green Targets Being Watered Down For UN Summit -- Observers"

"Some of the main proposals in a draft text for negotiation at a U.N. sustainable development conference next month are being watered down at informal talks in New York, observers said on Tuesday, heightening fears the summit will fail to deliver."

Source: Reuters, 05/02/2012

"EPA Official Resigns After Crucifixion Comment"

"A regional Environmental Protection Agency chief based in Dallas resigned on Monday, days after Republican lawmakers uncovered comments in which he compared his enforcement of energy companies with crucifixion."

Source: Reuters, 05/01/2012

Study Sees Heat Hitting Hard in Iowa, Other Corn Belt States in Future

"Get ready for the heat. Scientists at Stanford University in California and Purdue University in Indiana say global warming is going to hit hard in Corn Belt states where it most matters -- the corn market. The study, financed by the U.S. Department of Energy, says that the corn market will be walloped in the coming years by climate change."

Source: Cedar Rapids Gazette, 04/30/2012

"The Key Ingredient in Oil Drilling? Water"

"They say oil and water don't mix, but when it comes to oil and gas drilling, water and oil are practically joined at the hip. It takes millions of gallons of water to drill a well. Water is the 'hydraulic' in the hydraulic fracturing process used to release oil and gas deposits. Disposing of wastewater is a costly challenge for drillers. And, at every step along the way, preventing groundwater contamination is the paramount concern for inspectors and regulators."

Source: Colorado Springs Gazette, 04/30/2012

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